Marqeta, a commerce and payments platform, has raised $14 million in a round of Series B financing led by existing backers Greylock Partners and Granite Ventures, as well as new investor Commerce Ventures, among others. The California-based company allows consumers to store merchant offers and prepaid balances on a loyalty card, which can be managed online and through mobile apps. Marqeta will use its own new balance to introduce new platform features and expand its national footprint.
